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THIS MORNING: IMF loan? “Not yet.”; Suez Canal ends toll discounts for LNG ships; It’s Fed day.
Good morning, friends, and happy hump day. We have a particularly packed issue this morning, so let’s jump right in:…
Egypt wants to produce green fuels for Maersk
Egypt wants to produce green fuels for Maersk: Maersk will soon sign an MoU with the Suez Canal Economic Zone…
Scatec to build green ammonia plant in Egypt + Lekela eyes green hydro, desal projects
Investment into green energy and infrastructure is starting to heat up ahead of COP27:- Norwegian renewable energy giant Scatec plans…
EBRD to double down on SCZone digitization support
EBRD to offer more support for SCZone’s digital transformation: The European Bank for Reconstruction and Development (EBRD) signed an agreement…
Suez canal revenues jump + regulating the cosmetics industry
Suez Canal revenues jump in February after toll hikes: Revenues were up 15.1% y-o-y to post USD 545.5 mn last…
Last Night’s Talk Shows: Egyptian students flown home after fleeing Ukraine + How will Russia’s war affect the Suez Canal?
Students make it home to Egypt from war-torn Ukraine: An Air Cairo flight carrying 175 Egyptian students who managed to…
New additions to SCZone board + WHO’s East Med expert committee gets first Egyptian head
New members on SCZone board: Prime Minister Moustafa Madbouly has tapped Federation of Egyptian Industries Chairman Mohamed El Sewedy, the…
Earnings watch: ADIB, Odin Investments, Egytrans, Suez Canal Bank, and EGBank report 2021 results
EARNINGS WATCH- Abu Dhabi Islamic Bank reported EGP 1.45 bn in net income in 2021, up 22% y-o-y, according to…
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